Other Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2023

OTHER ASSETS AND LIABILITIES

Summary of the significant components of other assets, net

The following table summarizes the significant components of Other assets, net as of December 31:

thousands	2023		2022
Security, escrow, and other deposits	$	81,891	$	48,578
Special Improvement District receivable, net	74,899		64,091
In-place leases, net	35,490		39,696
Intangibles, net	21,894		25,170
Other	17,857		12,555
Prepaid expenses	16,984		18,806
Tenant incentives and other receivables, net	10,840		8,252
Interest rate derivative assets	10,318		30,860
TIF receivable, net	6,371		1,893
Net investment in lease receivable	2,883		2,895
Notes receivable, net	1,558		3,339
Condominium inventory	671		22,452
Other assets, net	$	281,656	$	278,587

Summary of the significant components of accounts payable and other liabilities

The following table summarizes the significant components of Accounts payable and other liabilities as of December 31:

thousands	2023		2022
Condominium deposit liabilities	$	478,870	$	390,253
Construction payables	257,227		260,257
Deferred income	118,432		85,006
Accrued interest	54,301		49,156
Accounts payable and accrued expenses	49,337		36,174
Accrued payroll and other employee liabilities	32,046		30,874
Accrued real estate taxes	30,096		37,835
Tenant and other deposits	29,976		26,100
Other	24,461		28,856
Accounts payable and other liabilities	$	1,074,746	$	944,511